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TRINET GROUP, INC. — Director's Dealing 2016
Sep 23, 2016
31268_dirs_2016-09-23_3ea61356-74e0-4598-a764-b0a280908030.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TRINET GROUP INC (TNET)
CIK: 0000937098
Period of Report: 2016-09-21
Reporting Person: GOLDMAN KENNETH A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-21 | Common Stock | M | 20000 | $0.50 | Acquired | 20000 | Direct |
| 2016-09-21 | Common Stock | G | 20000 | — | Disposed | 0 | Direct |
| 2016-09-21 | Common Stock | G | 20000 | — | Acquired | 156016 | Indirect |
| 2016-09-21 | Common Stock | S | 40000 | $20.6958 | Disposed | 116016 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-09-21 | Stock Option (Right to Buy) | $0.5 | M | 20000 | Disposed | 2023-02-05 | Common Stock (20000.0) | Direct |
Footnotes
F1: The Reporting Person is a Co-Trustee of the Goldman-Valeriote Family Trust dtd 11/15/95 and shares voting and dispositive power over the shares held by the trust.
F2: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously established.
F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.50 to $20.96, inclusive. The Reporting Person undertakes to provide to TriNet Group, Inc., any security holder of TriNet Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F4: Option is subject to a 1-year vesting schedule, with 100% vesting upon the 12-month anniversary of February 5, 2013. The Option is also subject to accelerated vesting upon certain events.